Home » gold » Page 3
Tag:

gold

Business

The three major U.S. stock index futures collectively fell before the market opened. AI skepticism suppressed risk appetite | What to watch tonight_ Oriental Fortune Network

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

U.S. Stock Futures Dip as ​AI⁤ Concerns Weigh on Investor Sentiment

New York – U.S. stock index futures‌ declined in pre-market trading⁤ Friday, as growing skepticism surrounding the artificial intelligence (AI) boom dampened risk appetite. The⁣ downturn comes ahead of a day of economic data releases and federal Reserve speeches.

BOSS Direct Recruitment reported third-quarter revenue of 2.16 billion yuan, a 13.2% year-over-year increase, driven by online recruitment‌ services to corporate ‍customers, which generated 2.15 billion yuan in revenue.the company’s paying‌ enterprise customer base reached 6.8 million as of September ​30, 2025, a​ 13.3% increase year-over-year.

iQiyi released its third-quarter 2025 ⁤financial results, reporting total revenue of ​6.68 billion yuan,down 8% year-on-year. The company⁣ recorded an adjusted ‌net ⁢loss of 150 million yuan, compared to a net ​profit of 229.4 million yuan in‌ the same period of 2024.Net loss attributable to iQiyi‍ was 148.2 million yuan, versus‌ a net profit of 479.8 million yuan in the prior ⁢year.

Key Economic Events Scheduled for November 18th (Beijing Time):

* ‍ 21:55: U.S. Red Book commercial retail sales annual rate for the week to November 14.
* 22:00: Final U.S. durable goods orders monthly rate for August.
* 23:00: U.S. November NAHB housing market index &⁤ U.S. August factory orders monthly rate.
* ⁢ 23:30: Speech by Federal Reserve​ Board Governor Barr.

Scheduled for November 19th:

* 00:00: remarks from Richmond Fed President Barkin on the⁤ economic outlook.
* 04:00: U.S. ⁤net ⁤international capital inflows for August.
* 05:30: API⁣ crude oil inventories for the week to november​ 14.

(Source: Financial⁣ Associated Press)

Disclaimer: Oriental Fortune publishes this content to disseminate facts.It does not reflect the views​ of this site and does not constitute investment‍ advice. Operate at yoru own risk.

0 comments
0 FacebookTwitterPinterestEmail
Business

Title: Gold Price Drops Amid Market Uncertainty and Fed Rate Expectations

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Gold Prices Dip Below $4,100 amid Federal Reserve Uncertainty

NEW YORK – The​ price of an ounce of gold fell‍ below the $4,100 level‌ this‍ week, succumbing to a wave ⁢of selling pressure triggered by ⁢shifting expectations surrounding Federal ‌Reserve monetary policy and lingering economic data gaps. The decline follows a 2% ⁤decrease on Thursday,building on a prior 3% drop⁣ earlier⁤ in the same session,as investors reacted to hawkish ​signals from Fed members ⁢and​ uncertainty stemming from the ⁢recent U.S. government shutdown.

The recent ⁢volatility⁤ in gold prices underscores the metal’s sensitivity​ to⁢ interest rate forecasts and broader market sentiment. While traditionally considered ⁢a safe haven asset during times⁢ of economic or geopolitical ⁣stress, gold has ⁣been unable to⁣ fully ​withstand the impact of a strengthening dollar‌ and diminished ⁤expectations for near-term​ rate ⁤cuts. This downturn ⁤affects investors holding gold ‍as a hedge against inflation or economic instability, as well as the broader ‌commodities market.

The longest U.S. government⁣ shutdown in history, which concluded on Thursday, created a meaningful backlog of economic data, leaving ⁣the Federal ‍Reserve ⁤and market analysts in a position⁣ of uncertainty ahead of their December policy meeting. ⁢this lack of data is ⁤expected to prompt the central bank to maintain its current monetary policy stance,avoiding any adjustments ⁣given the incomplete economic ‌picture.

Market forecasts currently indicate a 46% probability that the ‍Federal Reserve will lower interest rates by 25 basis points at its December⁣ meeting-a decrease from previous ⁣expectations​ of 50%. ‌Lower U.S.‍ interest ‌rates typically benefit ​gold, ⁢as ⁤they reduce the possibility cost of holding the non-yielding asset compared to interest-bearing investments like U.S. Treasury ​bonds.

0 comments
0 FacebookTwitterPinterestEmail
Business

Title: National Bank Egypt Savings: 2,900 Monthly Income

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

Egyptians Can Earn Nearly 35,000 Pounds Annually wiht High-Yield Savings Certificates

Cairo, November 15, 2025 -⁤ Egyptian citizens seeking a secure, fixed monthly⁢ income‌ can now benefit‍ from high-yield savings certificates offered by leading banks. Currently, ​the largest bank in Egypt provides a one-year certificate with a 14% annual return, delivering a monthly income of ⁣2,916 Egyptian pounds on a 250,000-pound⁢ investment.

This⁤ prospect arrives as many Egyptians look to supplement their salaries or ​pensions with predictable financial gains, notably amidst ongoing economic ⁢fluctuations.Savings certificates, ranging in term from⁢ one to seven years, offer various return structures – fixed, variable, or decreasing‍ – but the demand is strongest for those providing a guaranteed, consistent income stream.The​ Central Bank of Egypt utilizes interest rate⁤ adjustments as a key tool ‌to manage inflation, impacting the attractiveness of these certificates.

while the 14% rate offers a significant ‌return, ‌the⁢ National Bank of Egypt currently⁢ leads⁢ with the highest fixed-return certificate⁤ at 17% annually. however, this premium rate is available for a longer commitment of ‌three years, or 36 months.

The 14% certificate ⁢translates to a total ‍return‍ of 34,992 Egyptian pounds over ⁣the 12-month period, based on the 2,916‌ monthly payout. These certificates provide a safe ⁢haven for savings, with returns determined either by a fixed rate or by the interest rate announced​ by the⁢ Central bank of Egypt. The Central Bank adjusts interest rates to control inflation,​ lowering them when prices‍ stabilize ​and increasing them when inflation ​rises.

0 comments
0 FacebookTwitterPinterestEmail
Business

COP30: US Absence Fuels Global Clean Energy Surge

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

The World Forges Ahead on Clean Energy,Despite US Retreat

While the United States reassesses its commitment to decarbonization and⁤ clean energy,the global momentum‍ towards a sustainable future is accelerating. Experts‌ suggest this‍ shift‍ in American policy⁣ creates an opening for competitors, particularly China, to take a leading role in the burgeoning clean energy sector.

The upcoming COP30 summit ⁢will highlight this changing landscape,​ even ​with Chinese President ​Xi Jinping’s absence. Reports indicate a strong Chinese presence ⁢and‍ a demonstration of the notable advancements made by China’s clean technology ‌industry‌ in‌ regions like Latin America. Brazil’s decision to utilize Chinese-made electric vehicles​ for summit transportation ‍serves as a tangible⁢ example of this global trend.

Globally, historic ‍progress is being made. Renewable energy⁢ sources have now surpassed ⁢coal as⁣ the world’s largest ‌source ⁣of electricity generation.China alone has added an impressive 300 gigawatts (GW) of ⁤solar and wind ‌capacity this year – nearly five times the total renewable capacity of the United Kingdom.

This‌ transition isn’t limited to established economic powers. ​ A growing number of developing nations across ⁢South America, Africa, Southeast‌ Asia, and the Middle ⁤east are rapidly‌ adopting clean energy technologies.⁢ This surge is driven by the increasingly ‍favorable economics of renewable energy, particularly the low cost and widespread availability ‌of solar technologies.

The influx⁣ of affordable solar panels and wind​ turbine components, largely originating from china, is enabling countries like Brazil, Chile, El Salvador, ‍Morocco, Kenya, and Namibia to outpace the United​ States in their transition to clean energy.‌ Yale Environment 360 estimates that approximately 63% of emerging energy markets in Africa, Asia, ‌and Latin America now rely‍ on solar energy to a​ greater extent than the⁣ US.

Some nations are experiencing remarkably swift energy transitions, integrating ample solar power capacity within just ‌a few ​years. Pakistan, for example, ‍has emerged as a “major new adopter of solar energy” in a remarkably ⁢short timeframe.

“We have never before seen solar deployment on this scale and in such a short period ⁣of time anywhere around the world,” notes Jan ⁣Rosennoh, head of the energy program at the ‌Environmental Change Institute at Oxford University.

This dramatic expansion is directly ⁤linked to the significant ⁤cost reductions in wind and solar technologies, ⁤a decline largely fueled by large-scale industrialization ‍in‍ China.‌ ⁢Lars Netter Havero, head‌ of energy macroeconomic research ‍at ⁢Rystad Energy,‌ explains‍ that the world is now benefiting from this expansion, allowing‌ emerging ⁣economies to “seize the prospect and leap into the new energy era.”

China’s dominance in⁢ clean energy manufacturing, coupled with its ⁤competitive pricing, has solidified its control over global clean energy⁤ supply chains and increased⁤ its influence in developing economies. Crucially, China’s capacity ‍is proving essential for many ​countries striving to meet their decarbonization goals,‍ particularly⁣ as⁣ previously pledged ⁤climate finance from other sources has ⁤often fallen short.

0 comments
0 FacebookTwitterPinterestEmail
Business

New Loans Drive Investment in China’s Economy

by Priya Shah – Business Editor
written by Priya Shah – Business Editor

China‘s Financial ⁢Data for First 10 ‍Months Signals Economic Recovery & diversified Financing

Recent financial data from the People’s Bank of China indicates a strengthening economic landscape, ⁤characterized by increased corporate activity, recovering consumer demand, ⁢and a shift ​towards more diversified financing methods. The data covers the first ten months ⁤of the year and points to ‍a moderately loose monetary policy supporting growth.

Narrow⁣ money supply (M1) saw a year-on-year increase of 6.2%. Notably, the gap between growth in ⁣M2 (broad money supply) and M1 has narrowed substantially compared to the same period last year, suggesting increased velocity of money.

According to Zhang Jun, chief ⁣Economist at Milky way Securities, thes figures reflect robust corporate production and operations alongside a resurgence in​ personal investment and consumption. He emphasized that lowering the interest burden on businesses and individuals ⁤is‍ crucial ‍for unlocking financing needs and fueling ⁤economic⁣ activity.

Supporting this, the weighted average interest rate on new corporate loans (local and foreign currencies) in ⁤october fell to 3.1%, a decrease of 40 basis points year-on-year. New personal housing loan rates also saw a reduction,⁢ dropping to 3.1%, down 8 basis points from the previous year. Zhang Jun ⁤attributed these declines to the ​People’s Bank⁢ of china’s efforts⁤ to broaden ​countercyclical ‌adjustment policies, improve market-based interest rate controls, ‍and promote transparency in corporate loan financing costs. Further reductions in personal interest burdens are expected with the implementation of fiscal discounts on personal consumption loans.

Beyond customary lending, bond financing has experienced substantial growth. Cumulative social financing increased by 30.9 trillion⁣ yuan in the first ten months of the year. Net corporate ‍bond financing reached 1.82 ​trillion yuan, an increase of 136.1 billion yuan year-on-year, while net government bond financing totaled 11.95 trillion yuan, a significant rise of 3.72 trillion​ yuan.

This shift is reflected in the composition of new social financing, with government and corporate⁢ bonds ‌now ‌accounting for approximately 45% of the total. Zhang Xu, chief ⁣Fixed Income Analyst at Everbright Securities, highlighted this trend as a sign of ⁢a maturing financial system.⁣ ​ Companies are increasingly diversifying their financing channels, moving⁢ beyond reliance on bank loans to incorporate bonds, stocks, and other market-oriented‍ methods.

Looking ahead, the People’s Bank of China intends to maintain a moderately loose monetary policy ‌and ensure relatively loose social financing conditions. ‍ The bank will prioritize utilizing monetary and credit ⁤policies​ to support ‍major national strategies, key economic areas, and address existing weaknesses. Efforts will continue to refine market-oriented interest rate mechanisms to further reduce ​overall social⁤ financing costs.

(Source: Xinhua News Agency)

Original title: Financial Focus丨Where will the ‌nearly 15 trillion yuan in new loans be invested? –A look at ‍my country’s financial data for the first 10 months

Disclaimer: Oriental Fortune publishes this content to disseminate more ⁣details. It has nothing to do with the position of this site and dose ⁣not constitute⁢ investment advice. Operate accordingly at your own risk.

0 comments
0 FacebookTwitterPinterestEmail
Newer Posts
Older Posts
@2025 - All Right Reserved.

Hosted by Byohosting – Most Recommended Web Hosting – for complains, abuse, advertising contact: contact@world-today-news.com